SHORE BANCSHARES INC (SHBI) Stock Technical Analysis
NASDAQ:SHBI - Nasdaq - US8251071051 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to SHBI. In the past year, SHBI was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SHBI has a been trading in the 11.47 - 14.84 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, SHBI did better than 84% of all other stocks. However, SHBI's most recent performance is quite weak.
SHBI is part of the Banks industry. There are 397 other stocks in this industry, SHBI did better than 67% of them.
SHBI is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
SHBI has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
10.97
16.00
We found 2 important support areas.
- Support @11.90 from a trend line in the weekly time frame.
- Support @11.08 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 14.65 to 14.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.55 from a trend line in the weekly time frame.
- Resistance @15.84 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.3
Mansfield0.52
10 Day High14.84
10 Day Low12.93
20 Day High14.84
20 Day Low11.47
52 Week High17.61
52 Week Low10.36
Performance
1 Week5.25%
2 Weeks11.16%
1 Month17.21%
3 Month-11.22%
6 Month-9.07%
12 Month30.6%
2 Year30.02%
3 Year-27.63%
5 Year46.4%
10 Year57.42%
15 Year14.29%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.22
RSI(14)66.62
LBB12.28
UBB15.11
14.64
+0.32 (+2.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.23%
1 Week5.25%
2 Weeks11.16%
1 Month17.21%
3 Month-11.22%
6 Month-9.07%
12 Month30.6%
2 Year30.02%
3 Year-27.63%
5 Year46.4%
10 Year57.42%
15 Year14.29%
Volatility
ATR(14)0.43
ATR(20)%3.04%
ATR Inc-12.73%
Range Today0.37
ADR(20)0.41
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.3
Mansfield0.52
10 Day High14.84
10 Day Low12.93
20 Day High14.84
20 Day Low11.47
52 Week High17.61
52 Week Low10.36
CS1 End11.9
CR1 Start14.65
Volume & EV
DER(3)1.83%
DER(5)1.97%
Volume135.80K
Volume Incr-24.4%
Vol(5)140.26K
Vol(50)221.22K